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Fortescue has signed a contract with XCMG worth over $400 million for over 100 electric mining vehicles for its Pilbara operations, including battery-powered wheel loaders, bulldozers, and graders.
“Australian mining giant Fortescue has inked a major deal with Chinese engineering firm XCMG, securing over 100 electric mining vehicles for its Pilbara operations in a contract worth more than $400 million.”evmagz.com
Summarized from public sources; check the original articles before acting on it.